Many of the world’s most well-known enterprises began in the United States, from Starbucks to Apple. These companies were formerly modest start-ups before they grew into industry titans. However, the commercial world is never as clear as it appears. Even though a corporation was started in the United States, that does not guarantee that it will remain there indefinitely. Indeed, you may be startled to learn that many brands are no longer American. Foreign investors have a huge part in the destiny of companies like IBM, Ben and Jerry’s, and Holiday Inn! Many of these firms would not exist today if they hadn’t intervened at the correct time.
Don’t Be Fooled By These Companies, They Were Not Owned By Americans Anymore
General Electric
General Electric began as a relatively tiny company in 1982. However, it has risen at an exponential rate since then. It now dabbles in a variety of areas, including healthcare, aviation, venture capital, and power. This is one of those brands that have a strong sense of belonging, thanks in part to the “Made in America” label on the items. But the truth is that since 2016, it has been owned by a Chinese corporation called Haier. GE was bought for $5.4 billion, which is on the upper end of the market. Even though the products are still manufactured in the United States, the final decisions are made in China.
General Electric